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Lending to the Borrower from Hell : Debt, Taxes, and Default in the Age of Philip II /

"Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell loo...

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Detalles Bibliográficos
Autores principales: Drelichman, Mauricio (Autor), Voth, Hans-Joachim (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2014]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Title; Copyright; Dedication; CONTENTS; ACKNOWLEDGMENTS; PROLOGUE; CHAPTER 1: Lending to the Sound of Cannon; CHAPTER 2: Philip's Empire; CHAPTER 3: Taxes, Debts, and Institutions; CHAPTER 4: The Sustainable Debts of Philip II; CHAPTER 5: Lending to the Borrower from Hell; CHAPTER 6: Serial Defaults, Serial Profits; CHAPTER 7: Risk Sharing with the Monarch; CHAPTER 8: Tax, Empire, and the Logic of Spanish Decline; EPILOGUE: Financial Folly and Spain's Black Legend; REFERENCES; INDEX.